Bitcoin trader April 30, trading result: +1.04%

I think somebody asked them this in a support ticket or something. I saw this piece of info before.

Still waiting for some profitable cloud mining suggestion, not possible there is nothing online. Anyone?

All true but for the last couple of weeks, the spread between major exchanges is between 2-3%. This leaves a lot of space for arbitrage.
When you factor in trading BTC for alt currencies, the entire story becomes even more interesting. ATM it is definitely profitable.

Do not put words in my mouth. I am not 5 year old and I very well understand there is something wrong with BTC-arbs and I certainly do not intend to invest again once I was lucky enough to get my money back. The only thing I try to figure out are their motives for doing all this BS since the website crashed cause it looks to me as too much work for nothing. If somebody created a website which managed to collect several thousand BTC, they certainly do not seem dumb.

Bitcoin trader April 29, 2014 result: +0.91%

Still there, still paying, no issues for now. Is this risky? Sure. But tell me this, what BTC related investment is not risky. Let me refresh your memory. Mt.Gox, a legitimate exchange used by tens if not hundreds of thousands people, they were doing fine until 1 day they simply crashed taking 700k Bitcoins with them. More? BTC-e, one of the largest BTC exchanges in the entire ecosystem, nobody knows where it is located and nobody knows who owns it, no names, nothing. So if they run away tomorrow, kiss your BTC goodbye. You need more? Hashfast, a ASIC manufacturer, took money of their clients and failed to deliver ASIC in time basically ripping off their clients of hundreds of thousands USD, currently facing lawsuits. Even more? Bitcoin itself, a virtual currency with no central authority, no governance or moderation we have all heavily invested in. If for some reason it goes down tomorrow, well, we can all say we have been involved into one very risky business. I could go all day with these risky BTC related ventures.

So please, let us be honest, EVERYTHING related to Bitcoin is risky, if you are not ready to take this risk, you are definitely in the wrong industry. I have clearly stated this, several times, in this thread. Having said all this, I have still been able to make money out of this service. If anyone else would like to give it a try, go slow, as I have pointed out. If not, that is fine by me. If you think there is something else less risky and more lucrative to invest in, by all means let me know.

I am still not convinced.

Do not get me wrong, I have no doubt btc-arbs is some form of scam, just I cant figure what is their plan. I really do not see how can they attract more deposits by introducing these selective payouts tactics because people having BTC tied in their website just hope for their coins to get released so they can withdraw. So I do not see a direct link between these two elements. If this is not the case, any other plan which comes to my mind just ends up with them losing more money then they can actually attract.

I just do not see why they have not opted just to pull the plug once they had the higest amount of BTC available to them, I guess just before the website crash. Why they bothered to come back, introduce this entire story, start returning crumbs and now larger amounts. It just seems as a lot of work for nothing.

So, all in all, you still do not offer a satisfactory explanation. Not that I can find one.

Yes, I can also confirm successful withdrawal. Yonce, I am still waiting for your answer to my question, what kind of tactics is this? Why this scam website pay us instead of just running away as any other known scammer? Please give me some educated answer cause this one about getting new deposits I do not buy.

As I have already stated, everybody already knows about them not paying and people will not easily decide to invest again. Those who have never heard about this BTC-arbs problem are not aware about them paying or not paying, so this is not aimed towards them. I ask you since you have posted a million posts about this an every other site being scams so you probably have much more experience in these kind of websites.

BTW, what did you do to get this:

"Trust: -4: -1 / +0(0)
Warning: Trade with extreme caution!"

Possible. But you still need to answer one question. Why do they do that?

Do not tell me its about new deposits. By now everyone knows about this "legacy" issue and only people not doing any research would invest ATM. If you belong to this group you do not know anything about them, you don't know they introduced selective payments or any other payments so you are not affected by this at all.

I am not trying to defend them or anything but the fact remains they gave me back my BTC. Show me one real scammer which would do that, I simply have no explanation for this. 

Anyone else?

This is what I received from them:

"Your legacy balance has been transferred and is available for withdrawal."

Hey, all of my deposits are transferred into my main balance. This legacy balance does not exist in my account anymore.

Their website had something like 600k hits per day, 15k accounts, each with 1 BTC on average is quite realistic IMO.

That is what I do not understand, people have received about 3% of their deposits so far. 3% on that HUGE amount of accounts is a lot of money, I can bet they ve had around 15k BTC in their possession, 3% of that is 450 BTC or about $200k. Why would you return $200k to people who have already been scammed??? This story about them getting new deposits does not hold water. We all complain and tell people NOT to invest anything even though we get these crumbs so I do not see correlation between new deposits and these withdrawals.

There is something else behind this.  

This is some strange scam. They return money and they do so to an outside address. In other words, they tell you make the withdrawal for you. This is all under condition he actually receives it.

Well, I have clearly stated in my first post that people should be careful when investing into anything related to BTC. The entire BTC ecosystem is risky and this is why I recommend investing $40 until we are comfortable with what Bitcoin trader can offer. That being said, one need to understand that trust is gained over time and these guys have been around for almost 6 months and I have had no issues with them. Moreover, I have not heard anyone having problems with them ANYWHERE. If you have any actual proof, I would like to see it.

Bitcoin trader April 28 result: +0.62%

Exactly, this is what I have been pointing out all the time. The only thing that counts is how rare is the coin and what innovation it can offer.

I think that mining shares earn every day but I would not recommend buying mining shares. These are significantly less profitable.

This morning (Monday) I have received another withdrawal requested on Saturday morning. Everything works fine and Bitcoin trader is almost 6 months old which means a lot of people have already reached their ROI since Bitcoin trader shares mature in 4 months.